500 SW 8th avenue

Miami, FL
$ 845,000 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

Excellent Rental Income Investment opportunity in the Little Havana Market! This 5,800 sq ft lot has 2 separate buildings. The first building has 4 units and the 2nd building has 1 unit upstairs and an extra large laundry unit downstairs. All units are being used as 2 beds and 1 bath with rents currently at $1000/ month but tenants have been told they are going up to $1200 / month as soon as the 40yr recertification is complete - around mid-May. Please note: Tax Roll shows 6 units but due to 40 yr recertification, this will be changed to 5 units and a laundry room. Water and Sewer and Garbage paid by owner. Call listing agent for more information! Great property.

Contingent

  • Price
  • $ 845,000
  • Lot Size
  • 5,800 SqFt
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1925
  • Half Bathrooms
  • 0
  • City, Zip
  • Miami
  • Taxes
  • $ 8659
  • County
  • MIAMI-DADE
  • Style
  • MultiFamily
  • Area
  • 41
  • MLS#
  • A11001253
  • Zip
  • 33130
Listing Provided by: Casa Bella Realty & Management, LLC
Data Source: Southeast Florida MLS (SEFMLS) - 43 - FL

Features

General

Cooling CentralAir
Heating Central, Electric
Levels Two
MLS Area 41
Ok to Lease MonthToMonth
Property SubType MultiFamily
Property Type CommercialSale
Sewer PublicSewer
Structure Type Apartment
Terms Cash, Conventional
Zoning Description 3901

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Covered Spaces 0.0
Lot Size Area 5800.0
Lot Size Square Feet 5800.0
Lot Size Units SquareFeet
Number of Buildings 2
Number of Separate Electric Meters 6
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the WESTON, FL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/18/2021 Listed $899,000
3/3/2021 3% - $879,000
3/5/2021 4% - $849,000
3/31/2021 1% - $845,000

Property vs Zip Code Average in 33130

Price
AVG $420K
$850K
Taxes
AVG $7,066
$8,659
Visits
AVG 111
81
Year Built
AVG 2005
1925
Walkscore
AVG 95
92
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

500 SW 8th avenue Miami, FL is a Single Family Home for sale at $845000 and a lot size of 5,800 SqFt Acre(s). 500 SW 8th avenue Miami has 0 bedrooms, 0 baths and was built in 1925. The property's zip code is 33130 which is in Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.